Karat Packaging (KRT) Operating Income (2020 - 2026)
Karat Packaging's Operating Income was $37.6 million in Q2 2026, up 127.2% from $16.55 million a year earlier and up 344.3% from the prior quarter.
Karat Packaging (KRT) Operating Income (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Karat Packaging's Operating Income was $63.11 million through Jun 30, 2026, up 47.0% year-over-year; for FY2025, it came in at $41.41 million, up 9.7% from FY2024.
- Operating Income shows a five-year compound annual growth rate of 8.4% (FY2020 to FY2025).
- In earlier years, Operating Income was $37.76 million in FY2024 (-10.3%), $42.08 million in FY2023 (+40.2%), $30.02 million in FY2022 (+29.7%) and $23.15 million in FY2021 (-16.4%).
- The Q2 2026 figure marks the highest quarterly Operating Income in data going back to Q1 2020.
- Compared with a year earlier, Operating Income has increased for three straight quarters, with growth averaging 28.8% over the last eight quarters.
- The best year-over-year quarter for Operating Income over five years was Q4 2021 (growth of 247.1%); the worst was Q1 2024 (a decline of 36.6%).
- Per Business Quant data, KRT's Operating Income in the three quarters before Q2 2026 was $8.46 million (Q1 2026), $8.47 million (Q4 2025) and $8.57 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 944.30 Bn | 900.73 Bn | 49.13 Bn | 9.38 Bn |
| 2 | Costco Wholesale | 442.04 Bn | 365.32 Bn | 12.19 Bn | 3.80 Bn |
| 3 | Sysco | 39.13 Bn | 33.38 Bn | 4.13 Bn | 983.00 Mn |
| 4 | Kroger | 38.19 Bn | 24.34 Bn | 7.86 Bn | 971.00 Mn |
| 5 | Dollar General | 29.40 Bn | 24.07 Bn | 3.68 Bn | 769.16 Mn |
| 6 | Caseys General Stores | 25.66 Bn | 23.65 Bn | 1.24 Bn | 485.08 Mn |
| 7 | Dollar Tree | 23.48 Bn | 20.11 Bn | 2.10 Bn | 690.10 Mn |
| 8 | US Foods Holding | 22.05 Bn | 21.85 Bn | 1.92 Bn | 443.00 Mn |
| 9 | Tractor Supply | 17.20 Bn | 16.36 Bn | 1.68 Bn | 467.12 Mn |
| 10 | Karat Packaging | 1.06 Bn | 888.68 Mn | 77.16 Mn | 37.60 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 37.60 Mn |
| Mar 31, 2026 | 8.46 Mn |
| Dec 31, 2025 | 8.47 Mn |
| Sep 30, 2025 | 8.57 Mn |
| Jun 30, 2025 | 16.55 Mn |
| Mar 31, 2025 | 7.82 Mn |
| Dec 31, 2024 | 7.30 Mn |
| Sep 30, 2024 | 11.27 Mn |
| Jun 30, 2024 | 11.12 Mn |
| Mar 31, 2024 | 8.08 Mn |
| Dec 31, 2023 | 4.63 Mn |
| Sep 30, 2023 | 11.38 Mn |
| Jun 30, 2023 | 13.34 Mn |
| Mar 31, 2023 | 12.73 Mn |
| Dec 31, 2022 | 4.81 Mn |
| Sep 30, 2022 | 7.91 Mn |
| Jun 30, 2022 | 7.80 Mn |
| Mar 31, 2022 | 9.49 Mn |
| Dec 31, 2021 | 7.14 Mn |
| Sep 30, 2021 | 5.37 Mn |
Karat Packaging Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=KRT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "KRT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=KRT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();